Crossmark Global Holdings Inc. trimmed its position in shares of Norwegian Cruise Line Holdings Ltd. (NASDAQ:NCLH) by 31.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 17,923 shares of the company’s stock after selling 8,409 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Norwegian Cruise Line were worth $760,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the business. Exane Derivatives lifted its position in shares of Norwegian Cruise Line by 221.9% during the 4th quarter. Exane Derivatives now owns 1,220 shares of the company’s stock valued at $52,000 after buying an additional 841 shares in the last quarter. Emerald Advisers LLC purchased a new position in shares of Norwegian Cruise Line during the 4th quarter valued at approximately $730,000. D.A. Davidson & CO. lifted its position in shares of Norwegian Cruise Line by 5.8% during the 4th quarter. D.A. Davidson & CO. now owns 7,290 shares of the company’s stock valued at $309,000 after buying an additional 400 shares in the last quarter. New York State Teachers Retirement System lifted its position in shares of Norwegian Cruise Line by 8.8% during the 4th quarter. New York State Teachers Retirement System now owns 255,720 shares of the company’s stock valued at $10,840,000 after buying an additional 20,706 shares in the last quarter. Finally, First Bank & Trust lifted its position in shares of Norwegian Cruise Line by 129.9% during the 4th quarter. First Bank & Trust now owns 2,814 shares of the company’s stock valued at $119,000 after buying an additional 1,590 shares in the last quarter. 88.85% of the stock is owned by institutional investors and hedge funds.
Shares of NCLH stock opened at $51.82 on Wednesday. Norwegian Cruise Line Holdings Ltd. has a fifty-two week low of $39.36 and a fifty-two week high of $59.66.
In other Norwegian Cruise Line news, CEO Rio Frank J. Del sold 3,077 shares of the firm’s stock in a transaction on Thursday, November 15th. The stock was sold at an average price of $50.23, for a total value of $154,557.71. Following the transaction, the chief executive officer now owns 301,321 shares in the company, valued at approximately $15,135,353.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Apollo Management Holdings Gp, sold 15,728,782 shares of the firm’s stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $50.50, for a total value of $794,303,491.00. The disclosure for this sale can be found here. Insiders sold a total of 15,744,513 shares of company stock worth $795,081,886 in the last 90 days. 0.98% of the stock is currently owned by insiders.
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Norwegian Cruise Line Company Profile
Norwegian Cruise Line Holdings Ltd. (NCLH) is a global cruise company. The Company operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. The Company had 25 ships with approximately 50,400 Berths, as of May 1, 2017. The Company’s brands offer itineraries to various destinations around the world, including Europe, Asia, Australia, New Zealand, South America, Africa, Canada, Bermuda, Caribbean, Alaska and Hawaii.
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